Dec. 30 – The National Development and Reform Commission (NDRC), China’s top economic planner, published the 2012 Foreign Investment Industrial Guidance Catalog on Thursday outlining industries in which foreign investments will be encouraged, restricted or completely prohibited.
In the Catalog, effective from January 30, 2012, the NDRC stated China encourages foreign investors in strategic emerging industries, such as energy-saving and environmentally-friendly technologies, next-generation information technology, biotechnology, alternative energy, advanced materials, recycling industries, and alternative-fuel cars. The NDRC added China welcomes foreign capitals in hospitals and financial leasing firms. Continue reading












Jun. 17 – 2point6billion.com has unconfirmed reports from Mongolia’s South Gobi region, home to much of the nation’s mining industry, that hundreds of Chinese truck drivers have been turned back to the China border.
May 16 – Spyker Cars NV, owner of Swedish car-maker Saab, recently announced that it has signed a tentative deal with China’s Pangda Automobile Trade Co., Ltd, which will provide sufficient funds for Saab’s medium-term development.